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Troilus Gold Corp T.TLG

Alternate Symbol(s):  CHXMF

Metals & Mining Industrial Metals & Minerals
Troilus Gold Corp. is a Canadian mining company focused on the systematic advancement and de-risking of the former gold and copper Troilus Mine towards production. The Company owns a 100% interest in the Troilus project. The Company holds a land position of approximately 435 square kilometers (km2) in the mining jurisdiction of Quebec, Canada, within the prospective Frotet-Evans Greenstone Belt. The Troilus Mine is located northeast of the Val-d'Or district of Quebec, produced 2 million ounces of gold and approximately 70,000 tons of copper. The seven kilometer main mineral corridor includes zones Z87, J Zone, X22 and Southwest, containing an estimated 11.21 Moz AuEq in the Indicated category and 1.80 Moz AuEq in the Inferred category. The Troilus property has an established infrastructure, including operating substation and power lines, an extensive network of well-maintained roads, operating water treatment facility, and a permitted tailing facility.


TSX:TLG - Post by User

Troilus Gold Corp > Capex
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Comment by AlwaysLong683on Jan 31, 2024 2:17am
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Post# 35854208

RE:RE:RE:RE:RE:RE:RE:RE:Capex

RE:RE:RE:RE:RE:RE:RE:RE:Capex
Asdfghjk wrote: Very little utility outside of jewelry? Do you even have any clue what else gold is used in? Becausewiththat one statement I am led to believe that answer is no. 

Really? Please list for us the other areas outside of jewelry where gold has utility such that massive amounts of it are needed for everyday practical purposes....?

BTW, utility is not making coins or storing gold bars in vaults. You can make coins, bars, smilely-faces, etc. out of silver, copper, nickel, or other metals too. Utility means a metal's practical uses. You can't eat gold, pour it into your gas tank, wire your home with it when copper or other materials are far cheaper and work just fine - they don't even use gold for tooth fillings anymore. There are very, very tiny amounts of gold in some useful items outside of jewelry, but guess where the vast majority of the world's mined gold is? Sitting somewhere in the form of coins or bars generating no yield and costing the owners money to store it.

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